Whale Panic-Sells 800 BTC Amid Price Drop, Loses $26M Since June

Share This Post

btc-whale

The post Whale Panic-Sells 800 BTC Amid Price Drop, Loses $26M Since June appeared first on Coinpedia Fintech News

Amid the recent short-term crash in Bitcoin, a major Bitcoin whale has once again panic-sold 800 BTC worth $48.5 Million. Since the 19th of June, this whale accumulated 11,659 BTC for $727 Million at an average of $62,362 but has sold 10,345 BTC for $619 Million at an average of $59,847. This, recent sell-off results in an approximate loss of an astonishing $26 Million. Despite the minor offloading, the whale still holds 8,936 BTC valued at $540 Million. 

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Shiba Inu Grapples With Heavy Bearish Forces: Will Support Levels Hold?

Shiba Inu finds itself at a critical juncture as bearish momentum intensifies, putting key support levels to the test With the $000002045 mark under pressure, the token’s ability to maintain this

Thai Authorities Seize Nearly 1,000 Bitcoin Miners in Electricity Theft Bust

Law enforcement in Thailand’s Chon Buri province recently seized nearly 1,000 bitcoin mining rigs from a company accused of illegally accessing electricity Modified Meters Used to Aid

‘Bitcoin Is the Right Move’, Says Michael Saylor 

The post ‘Bitcoin Is the Right Move’, Says Michael Saylor  appeared first on Coinpedia Fintech News Michael Saylor, in a latest X post has shared to his followers that “Bitcoin is the

‘Bitcoin Is the Right Move’, Says Michael Saylor 

The post ‘Bitcoin Is the Right Move’, Says Michael Saylor  appeared first on Coinpedia Fintech News Michael Saylor, in a latest X post has shared to his followers that “Bitcoin is the

Mastercard Rolls Out Crypto Solutions In UAE And Kazakhstan

The post Mastercard Rolls Out Crypto Solutions In UAE And Kazakhstan appeared first on Coinpedia Fintech News Mastercard has launched Crypto Credential solution for the people of UAE and Kazakhstan

Mastercard Rolls Out Crypto Solutions In UAE And Kazakhstan

The post Mastercard Rolls Out Crypto Solutions In UAE And Kazakhstan appeared first on Coinpedia Fintech News Mastercard has launched Crypto Credential solution for the people of UAE and Kazakhstan